Higher yields are making America’s debt harder to finance. Jack Mallers breaks down the $40 trillion trap, the risks of refinancing and a stronger dollar, and why he believes yield curve control and currency debasement ultimately strengthen Bitcoin’s case.

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Timestamps:

0:00 — The $40 Trillion Trap
2:45 — Why Government Bond Yields Keep Rising
5:26 — The Math Behind America’s Debt
13:30 — The Refinancing Problem
19:48 — Higher Rates and the Debt Spiral
33:39 — Can Spending Cuts Fix It?
38:41 — The Global Dollar Carry Trade
47:23 — Yield Curve Control and a Weaker Dollar
52:35 — Bitcoin’s Long-Term Case and Short-Term Risks
55:47 — Strike Updates and What’s Next

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